FAQ

What is Escrow?
An escrow holder is an independent third party to a transaction, charged with holding funds, deeds and other documents, for delivery from one party to another, when all agreed upon conditions and/or terms have been met.  Simply stated, the escrow holder ensures that neither funds nor title ownership to property will transfer until all of the instructions to the transaction have been followed.

Why use College Escrow, Inc.?
College Escrow, Inc. is licensed and regulated by The Department of Corporations.  California’s Escrow Law enacted in 1947 defines escrow providers as neutral, third party agents for all principals in a real estate transaction.  College Escrow, Inc. is 100% neutral as our sole business is providing escrow services.  We ask that you review our testimonials which will indicate our service to each and every of our customers.

Why is an independent escrow company important? 
Other escrow providers are exempt from Escrow Law including Real Estate Brokers and Title Insurance Companies, and as such they are not regulated by the Department of Corporations.  Only with licensed escrow companies are the funds deposited in Trust Accounts subject to DOC audits without notice. In addition, Independent Certified Public Accountants audit and prepare these company's annual financial statements particularly inspecting their compliance with minimum liquidity and other tests required by law.

Why College Escrow over the competition?
1. We will return your call
2. We will complete our duties on time
3. We will communicate and provide expertise throughout the process
4. We utilize our own “tested” process to track your transaction preventing closing issues – a timely closed escrow is our priority!